Full Review of American Express Blue Business CashPros Show
Cons
Pros Explained
Cons Explained
With its generous rewards and ability to exceed its credit limit, the American Express® Blue Business Cash best fits small business owners whose card spending ranges across many categories and occasionally spikes up in certain months. It’s also for those who prefer receiving rewards as Amex points, perhaps so they can be combined with those earned with other Amex cards. Further, the Amex Blue Business Cash is most lucrative for business owners that will charge no more than $50,000 a year to the card, since that’s the spending limit for its 2% rewards, after which the rate drops in half to 1%. If you reach the annual $50,000 spending cap, those 2% cash-rewards would earn you $1,000 in statement credits—which is a fine return, especially for a card with no annual fee. It's also a card for those with little time to navigate and optimize complex rewards programs. There’s a single rewards rate and one redemption option, which all but eliminates the need to make decisions about making the most of the card. Rewards Earning DetailsCardholders earn 2% cash back on all eligible purchases up to $50,000 per calendar year. All other purchases after that earn 1%. That means you’ll earn $2 for every $100 you spend on this card up to the spending cap. Rewards come in the form of an automatic statement credit. If you do not pay the minimum due by the due date or if your account is closed before the credit is issued, you will not receive a statement credit for your rewards. Rewards Redemption DetailsThe straightforward redemption process of this card can be a big advantage for business owners who don't want to worry about, or don't have time for, figuring out redemption programs. As long as you keep your account in good standing, any cash back you've earned comes in the form of an automatic statement credit to your account by the second billing cycle after your purchase. You don't need to navigate reward redemption options or even log in to an account to receive your earnings. How to Maximize Your RewardsWith its generous reward of 2% on eligible purchases, it makes sense to make the most of the Amex Blue Business Cash by using it for all of your business expenses, including travel, hotels, office, marketing, insurance, and more. The closer you get to the card's $50,000 annual spending cap on those 2% earnings, the more you’ll make, naturally. If you indeed reach that spending total, you’ll earn $1,000 in rewards. You can then continue to use the card for further expenses, although you may want to look to another card in your wallet that earns more, given the paltry 1% you earn on purchases in excess of $50,000 a year. In addition, if you have any employees, consider opening additional card accounts for them. Since there's no charge for supplementary accounts, they provide a quick and easy way to boost the proportion of spending that goes onto the card account—and thus your annual rewards. Average CaseLet's say you're a business owner who uses this card for a range of expenses that total $2,000 per month. Those monthly costs might include web development, gas for vehicles, office supplies, marketing expenses, and insurance premiums. Within a calendar year, you'd earn $480 in automatic statement credits on this card. Aspirational CaseLeveraging free additional employee cards to earn more rewards on travel and entertainment expenses can increase rewards exponentially on this card. Let's say that you have three employees and you and they together spend $3,500 per month on the expenses noted above, plus others such as staff training and professional development. In addition, you and your employees travel once per quarter, spending $364 on each round-trip domestic flight, the average set out by the Bureau of Transportation Statistics. Then let’s add a further $1,000 per quarter of spending on entertainment. In total, you would earn nearly $1,000 a year on this card, $949.12 in total. American Express Blue Business Cash Outstanding Benefits
Standard Benefits
*Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Cardholder ExperienceIn the J.D. Power 2021 U.S. Small Business Credit Card Satisfaction Study, American Express ranked first and scored well above average. Cardholders can reach a customer service agent 24/7 by phone at 800-528-4800. Customers can also log into their account and live chat with a representative. Questions and comments can be tweeted to @AskAmex on Twitter. Security FeaturesThe security features of American Express cards are in line with industry standards. Cards come with features like pre-purchase verification, account monitoring, and alerts for irregular activity. It also offers free next-day shipping for lost or stolen cards. Fees to Watch Out ForThose who frequently travel internationally for business should be aware of this card's foreign transaction fee, which is 2.7% of each transaction made outside the U.S. This card's other fees are in line with industry standards. Our VerdictExcellent flat-rate rewards make the American Express® Blue Business Cash a beneficial card for small businesses with diverse charges that seek a straightforward payment solution. However, the Amex points you earn with the card can be used only to offset card charges. If you're seeking flexibility in redeeming rewards and want to stick with American Express, consider the Amex Blue Business Plus credit card. It’s nearly identical to the Blue Business Cash card, including providing 2 points per dollar spent on business purchases up to $50,000 per year, but its rewards can be redeemed in a variety of ways, including as cash back. If you're willing to trade some simplicity for increased earnings, you might pair the American Express® Blue Business Cash with another card that offers higher points rewards on the categories where you spend the most. Two Chase cards come to mind. The Chase Ink Business Cash card pays 5% cash back on office supplies and telecom expenses, and the Chase Ink Business Preferred card offers three points per dollar spent on travel, shipping, telecom services, and advertising costs on social media sites and search engines. (Chase points are valued comparably to Amex ones in many valuations.) By splitting charges among two or more cards, such a pairing would also help larger small businesses keep spending on the American Express® Blue Business Cash below the card's $50,000 annual limit for earning 2% rewards. Alternatively, bigger enterprises could simply opt for a card that provides a lower cash back rate with no spending cap. The Spark Cash Select card from Capital One, for example, pays an unlimited 1.5% cash back on all purchases. Conversely, if you're a solo entrepreneur simply looking for a card that will help you segregate business expenses, you might get more value out of a consumer rewards card. To see the rates and fees for the American Express® Blue Business Cash Card please see the following link: Rates and fees. How do you qualify for American Express blue card?What credit score do I need to get the Blue Cash Preferred® Card from American Express? You'll need good to excellent credit to qualify for the Blue Cash Preferred® Card from American Express. Generally speaking, this is defined as a credit score of 690 or better.
What score do you need for Amex Blue Cash?Recommended credit score
You'll need a good to excellent credit score (670 to 850) to qualify for the Blue Cash Preferred, which is standard among the best cash back credit cards.
What is the American Express Blue Business Cash Card?The American Express Business Blue Cash Card is a cash back rewards business credit card ideal for small business owners who spend equal to or not much more than $50,000 each year.
Does Amex Blue Cash Card have a limit?Your credit limit will be determined by your credit score, stated income, and the amount of credit that American Express has already extended to you. But if you're approved for the card, your credit limit should be $1,000 at the very least.
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